115 High StGenevaIN46740
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 115 High St, Geneva, IN, 46740 in Geneva. At $159,900 it earns $1,214/mo in rent and distributes $251/mo to the owner after the $719/mo payment, a consistent 9.11% yield. DSCR 1.69 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $44,177 in value; $1,473/yr in principal paydown compounds ownership stake. Total projected return: $76,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $251 | $300 |
City averages based on Geneva market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,214 |
| Total Monthly Debt Service | $900 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Housing Distribution
Address Breakdown
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Housing Distribution
Address Breakdown
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vickie A Harvey • Harvey and Associates Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519772
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.